30-A §5151. Title

§5151. Title This chapter may be known and cited as “the Maine Redevelopment Land Bank Act.”   [PL 2021, c. 664, §3 (NEW).] SECTION HISTORY PL 2021, c. 664, §3 (NEW).

30-A §5152. Findings and declaration of necessity

§5152. Findings and declaration of necessity The Legislature finds and declares that:   [PL 2021, c. 664, §3 (NEW).] 1.  Blighted, abandoned, environmentally hazardous and functionally obsolete property burdens public resources.  There exist areas in the State in need of economic revitalization where blighted, abandoned and environmentally hazardous property and property that is both functionally […]

30-A §5153. Definitions

§5153. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 2021, c. 664, §3 (NEW).] 1.  Abandoned.  “Abandoned” with reference to a property means a property that is vacant and to which the owner has no intent to return.   [PL 2021, c. 664, […]

30-A §5154. Maine Redevelopment Land Bank Authority established; purpose

§5154. Maine Redevelopment Land Bank Authority established; purpose The Maine Redevelopment Land Bank Authority, as established in Title 5, section 12004‑G, subsection 7‑G and referred to in this chapter as “the redevelopment authority,” is a body corporate and politic and a public instrumentality of the State.   [PL 2021, c. 664, §3 (NEW).] The purpose […]

30-A §5155. Appointment; qualifications and tenure

§5155. Appointment; qualifications and tenure 1.  Members appointed by the Governor.  The Governor shall appoint 9 members to serve as commissioners of the redevelopment authority subject to review and confirmation by the joint standing committee of the Legislature having jurisdiction over economic and community development matters. These members must include:   A. A resident of […]

30-A §5156. Maine Redevelopment Land Bank Fund; sources of funding

§5156. Maine Redevelopment Land Bank Fund; sources of funding The Maine Redevelopment Land Bank Fund, referred to in this chapter as “the fund,” is established as a dedicated nonlapsing fund to support the purposes of the redevelopment authority. Fees collected pursuant to Title 38, section 2203‑A, subsection 2‑A must be deposited into the fund. Other […]

30-A §5157. Eligible properties; exemption of certain properties

§5157. Eligible properties; exemption of certain properties 1.  Eligible properties.  The redevelopment authority may acquire property through an agreement under section 5158, subsection 4, which may include:   A. Property that the redevelopment authority has determined is abandoned as demonstrated by a totality of evidence including, but not limited to, the following:   (1) Doors […]

30-A §5158. Powers and duties generally

§5158. Powers and duties generally The redevelopment authority has the following powers and duties:   [PL 2021, c. 664, §3 (NEW).] 1.  Suit.  To sue and be sued;   [PL 2021, c. 664, §3 (NEW).] 2.  Seal.  To adopt an official seal;   [PL 2021, c. 664, §3 (NEW).] 3.  Office.  To maintain an office […]

30-A §5159. Eminent domain

§5159. Eminent domain The redevelopment authority may acquire all or any part of real property in accordance with this chapter by the exercise of the power of eminent domain whenever the redevelopment authority determines that the acquisition of the real property is in the public interest or necessary for the purposes of this chapter.   […]

30-A §5160. Bonds

§5160. Bonds 1.  Authorization.  The redevelopment authority may provide by resolution for the issuance of bonds for the purpose of funding the Maine Redevelopment Land Bank Fund, or any successor to the fund. The bonds of the redevelopment authority do not constitute a debt or liability of the State or of any agency or political […]

30-A §5161. Development Ready Advisory Committee

§5161. Development Ready Advisory Committee The Development Ready Advisory Committee, referred to in this section as “the committee,” is established pursuant to Title 5, section 12004-I, subsection 6-J to develop and maintain best practices for community development.   [PL 2021, c. 664, §3 (NEW).] 1.  Membership.  The members of the committee are as follows:   […]

30-A §5162. Biennial report

§5162. Biennial report 1.  Biennial report.  The redevelopment authority shall submit biennially, beginning with the Second Regular Session of the 131st Legislature, to the joint standing committee of the Legislature having jurisdiction over economic development matters a complete report on the activities of the redevelopment authority. The report must include the following:   A. A […]